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Post# of 648882
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Tuff-Stuff

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Re: Tuff-Stuff post# 337140

Monday, 09/27/2010 1:03:05 PM

Monday, September 27, 2010 1:03:05 PM

Post# of 648882
The FDIC approves a new rule removing some safe-harbor protections for securitized assets when a bank fails, requiring sellers of those assets to retain 5% of the risk. The rule takes effect on transactions after Dec. 31.

Your World Is As BIG as You Make It!!!

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